Following the structure break earlier this week, USDCHF pulled back to retest the broken trendline and the key resistance level around 0.82598. This aligns perfectly with our yellow sell zone of interest. Price has since rejected this area and resumed a bearish move.
We’re now looking for clean breakdowns to re-enter:
🔑 Break below 0.82598 will confirm continuation
🛡️ Break below 0.81964 is our safest sell zone with the clearest structure shift
No buy setups are in focus unless we see a major structural reversal above 0.82960, which currently looks unlikely.
We’re now looking for clean breakdowns to re-enter:
🔑 Break below 0.82598 will confirm continuation
🛡️ Break below 0.81964 is our safest sell zone with the clearest structure shift
No buy setups are in focus unless we see a major structural reversal above 0.82960, which currently looks unlikely.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.